Listing ID: 1598

SOLD

$1,190,000 CAD

HOSPITALITY

4-Star Inn & Restaurant For Sale

Perth-Andover, NB

Independent

$1,190,000 CAD

HOSPITALITY

4-Star Inn & Restaurant For Sale

Perth-Andover, NB

Independent

Well-established Inn and Restaurant for sale. Located in scenic Perth-Andover, New Brunswick and conveniently just off the Trans-Canada Highway and Trans Canada Trail system and 5 kms from the Maine border, the Inn is situated on a hilltop overlooking the St. John River.

It features thirteen uniquely styled rooms and suites, a 49-person restaurant and an indoor swimming pool and spa. There is a wet bar on the premises together with a large patio to accommodate weddings and gatherings. There are walking trails on the property, also suitable for cycling and skiing in the winter months.

The restaurant is open to guests and the public and caters to a sizable market in the area as well as residents from across the border. There are professionals from Fredericton visiting Perth-Andover on a regular basis to deliver services in the area and they use the room services.

Reliable internet and Bluetooth services are offered.

Seller is highly motivated to fully retire and sell the property and business.

The sale price has been reduced from CDN$1,390,000 to CDN$1,190,000.

Company Name

Castle Inn & Restaurant

Legal Body

Incorporated

Established In

2005

Gross Revenue

To Be Discussed

Annual Earnings

To Be Discussed

Land/Building Included

Yes

% of Business Selling

100%

Reason for Sale

Retirement

Financing Available

No

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

BizON assumes no responsibility for the accuracy of any information shown.